Elon Musk infamously paid $44 billion to purchase Twitter, and on Tuesday, his pricey platform was promoting a hashtag dedicated to eviscerating him over his decision to deny the Ukraine military access to Starlink over Russian-occupied Crimea.
When do we start boycotting everything he has his hands in? As much as I support space travel and exploration I cannot support SpaceX because of his involvement. But I will not support Amazon space either.
I have money in some standard retirement ETFs and quite a few include TSLA. It is so easy to indirectly send money his way even though I try to avoid it
And thus, the myth of “stock owners have anything to say” gets dispelled: you put money on a retirement fund, that buys ETFs, that buy TSLA, that does whatever Musk wants… and you can do nothing about it.
“Vote with your wallet”, except someone took it from you 😖
More like “you have it away” than then taking it from you. But otherwise yeah pretty much. You can take some splice in the fact that unless you have a whole lot invested in those ETFs you aren’t giving much to him.
$SPY only has like a 2% stake in Tesla so for every dollar you put in $SPY Tesla only gets a couple pennies
When do we start boycotting everything he has his hands in? As much as I support space travel and exploration I cannot support SpaceX because of his involvement. But I will not support Amazon space either.
I have money in some standard retirement ETFs and quite a few include TSLA. It is so easy to indirectly send money his way even though I try to avoid it
Given Tesla stock is very clearly an overvalued bubble, you have to ask questions about how gullible those fund managers are…
A lot of times the ETF won’t have a choice in what it buys. They just buy X amount of Y stock when it hits a certain level.
And thus, the myth of “stock owners have anything to say” gets dispelled: you put money on a retirement fund, that buys ETFs, that buy TSLA, that does whatever Musk wants… and you can do nothing about it.
“Vote with your wallet”, except someone took it from you 😖
More like “you have it away” than then taking it from you. But otherwise yeah pretty much. You can take some splice in the fact that unless you have a whole lot invested in those ETFs you aren’t giving much to him.
$SPY only has like a 2% stake in Tesla so for every dollar you put in $SPY Tesla only gets a couple pennies
Any day now…
I could never really afford it anyway. Cars are expensive, rockets are very expensive, and microblogging is a fundamentally bizarre concept to me.
I guess I could not use his fake trains?
In a way, it’s impressive this guy shitposted his way to the king of exploiters, but there’s nothing to boycott